ProbabilityMap Study Library
ProbabilityMap studies are ised as a forecasting tool. They usually plotted to the right of the last price bar on the chart giving you a view of potential price changes using probability calculations derived from the symbol's recent trading history.
TradeStation includes built-in ProbabilityMap studies, and you can also create your own using EasyLanguage. Just like other studies, ProbabilityMap studies are usually written using inputs, which means that you can customize the studies as you apply them to a chart and customize them to your liking.
Related Topics
Adding Studies to a Chart or Grid Window
Specifying the Symbol on which to Base the ProbabilityMap Study